by Serge Berger | Apr 20, 2011 | Uncategorized
Please see my blog entry from Monday April 18 here http://steadytrader.wpengine.com/are-pharmaceutical-stocks-about-to-rally-big/ Today the AMEX Pharmaceutical Index (DRG) is breaking out and higher above the $320 discussed on Monday. Individual names like...
by Serge Berger | Apr 18, 2011 | Uncategorized
The S&P 500 is currently battling it out with the most immediate support ($1275 – 1300) and resistance ($1345) levels on the daily charts. While investor sentiment is skewed to the bull-side, among the more active types (hedgies and such) the...
by Serge Berger | Apr 18, 2011 | Uncategorized
check out the chart on DRG (AMEX Pharma Index) and note the big multiyear resistance area at $320. You can also pull up a chart on Pfizer (PFE) for example and note a similarly juicy long setup. In the daily newsletters I am discussing entry points and how to...